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US Treasury Blocks MEXC Over $16B in Transactions Linked to Iran, Russia and North Korea

The post US Treasury Blocks MEXC Over $16B in Transactions Linked to Iran, Russia and North Korea appeared first on Coinpedia Fintech News The U.S. Treasury Department is moving to cut crypto exchange MEXC Global off…

· 1 min read · 157 words · via Coinpedia

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The post US Treasury Blocks MEXC Over $16B in Transactions Linked to Iran, Russia and North Korea appeared first on Coinpedia Fintech News The U.S. Treasury Department is moving to cut crypto exchange MEXC Global off from the U.S. financial system after identifying at least $16 billion in illicit transactions linked to sanctions evasion, cybercrime, and other illegal activity involving Iran, North Korea, and Russia.In response, MEXC said it is reviewing the order closely with its legal and …

Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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